NYC-WTC_000195490

NYC 9/11 Public Portal Document

DEPARTMENT OF TRANSPORTATION >n in City The Department of Transportation (DOT) reconstructs, maintains and operates City bridges, maintains and ling. The resurfaces City streets and arterial highways, plans for street reconstruction, manages the streetlighting system It, facility and traffic signal network, maintains and collects revenue from parking meters, operates parking facilities, helps regulate traffic flow, coordinates transportation planning, oversees subsidized bus and private ferry operations, / manages street use franchises, and operates the Staten Island Ferry. mers and Metering Financial Review irtmentto tics, thus The Department’s 2002 Executive Budget provides for operating expenses of $459.2 million, a decrease of nent. An $54.4 million from the amount forecast for 2001. This decrease is primarily the result of Federal and State grants dwelling expiring at the end of 2001, but which are expected to be renewed during 2002, Capital commitments of almost $1.5 billion are also provided for 2002i including $401.3 million in Federal and State funding. lit of past Revenue Forecast □us waste which are The Department of Transportation collects revenue from parking meters and garages, franchises, concessions, nagement street opening permits, and ferry vehicle fares. In 2002, it is projected that the Department will collect $155.9 of which million in revenue, $1.6 million less than in 2001. The decrease is attributable to the loss of revenue expected as Irookfield several parking facilities are sold in 2001. City GO. Expense Budget Highlights

Budgetary Priorities; Providing Core Services

• over $28.6 million in 2002 for the operation of the Staten Island Ferry and private ferry service.

• funding of $20.9 million for the maintenance of over 11,000 traffic signalized intersections. Citywide.

• an allocation of $19.5 million for the maintenance of over 325,000 streetlights, Citywide.

• approximately $ 11.5 million in 2002 for the maintenance and cleaning of the City’s arterial highways.

• over $14.9 million for the preventive maintenance, cleaning, and painting of the City’s bridges.

• an allocation of approximately $10.9 million to repair hazardous, or potentially hazardous safety and structural conditions on bridges, known as bridge “flags.”

Streamlining •

• a savings of $694,000 annually resulting from the reduction of eleven Bridge operators made possible through the U.S. Coast Guard’s approval of advance notice openings for a total of twenty-two mechanical waterway bridges. As a result, only three other bridges will require no advance notice for openings.

• a decrease of $900,000 in ferry terminal repair costs realized through the advancement of the constriction of a new Whitehall Ferry Terminal. The demolition of portions of the existing temporary facility is currently underway aind the completion of the new terminal is scheduled for November 2003.

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